The European Bank for Reconstruction and Development drastically increased its climate financing last year, with the €4.1 billion invested in the green economy representing 43% of the bank’s entire activity last year.
The authority has issued two invitations for the prequalification of two solar projects, with a capacity of 6 MW and 24 MW, respectively, that are planned to be built at two water stations.
Scientists from the University of Groningen have discovered a tin-based perovskite material in which electrons retain high energy levels for much longer than previously. This discovery could allow for the creation of very high efficiency perovskite cells, by eliminating a large portion of energy loss through heat.
Contrary to common belief, holes in perovskite films may not always negatively affect the performance of perovskite-based solar cells, according to recent research from the Helmholtz Zentrum Berlin (HZB).
The launch of the series of tenders was confirmed to pv magazine by Turki Mohammed Al Shehri, the head of the Saudi Renewable Energy Project Development Office.
An abundance of hydroelectric power and wind is pushing up renewable energy in the spring months, but there is a need for more power during the summer peak, as well as issues with the geographic location of resources.
Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.
The project was selected by the Chilean government in November’s renewable energy auction.
A Memorandum of Understanding (MOU) has been signed by Masdar, the Abu Dhabi Future Energy Company, and EDF SA, the parent company of the EDF Group, to develop off-grid projects in sub-Saharan African countries.